Signaturefd LLC Has $111,000 Holdings in Blue Owl Capital Inc. (NYSE:OWL)

Signaturefd LLC boosted its position in Blue Owl Capital Inc. (NYSE:OWL) by 26.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,473 shares of the company’s stock after buying an additional 1,580 shares during the period. Signaturefd LLC’s holdings in Blue Owl Capital were worth $111,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC acquired a new position in shares of Blue Owl Capital in the 3rd quarter valued at about $126,000. Private Trust Co. NA acquired a new position in Blue Owl Capital in the third quarter valued at approximately $40,000. Xponance Inc. boosted its holdings in shares of Blue Owl Capital by 10.2% during the 3rd quarter. Xponance Inc. now owns 23,007 shares of the company’s stock worth $298,000 after buying an additional 2,131 shares in the last quarter. Raymond James & Associates grew its position in shares of Blue Owl Capital by 22.2% during the 3rd quarter. Raymond James & Associates now owns 306,394 shares of the company’s stock worth $3,971,000 after buying an additional 55,594 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of Blue Owl Capital by 2.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,472,484 shares of the company’s stock valued at $32,043,000 after acquiring an additional 47,397 shares in the last quarter. Institutional investors own 35.85% of the company’s stock.

Blue Owl Capital Trading Up 1.3 %

Shares of Blue Owl Capital stock opened at $19.04 on Tuesday. The stock has a fifty day simple moving average of $18.29 and a 200 day simple moving average of $15.76. Blue Owl Capital Inc. has a 12-month low of $9.70 and a 12-month high of $19.87. The company has a market capitalization of $27.20 billion, a P/E ratio of 190.42, a price-to-earnings-growth ratio of 1.22 and a beta of 1.27.

Blue Owl Capital (NYSE:OWL) last released its quarterly earnings results on Friday, February 9th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. Blue Owl Capital had a net margin of 3.14% and a return on equity of 17.31%. The company had revenue of $494.04 million for the quarter, compared to analyst estimates of $438.77 million. During the same period last year, the firm earned $0.15 earnings per share. On average, analysts predict that Blue Owl Capital Inc. will post 0.84 EPS for the current year.

Blue Owl Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 5th. Investors of record on Friday, February 23rd were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date of this dividend was Thursday, February 22nd. Blue Owl Capital’s payout ratio is 560.06%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on OWL shares. Piper Sandler increased their target price on shares of Blue Owl Capital from $22.00 to $23.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. TD Cowen initiated coverage on Blue Owl Capital in a research note on Thursday, January 4th. They issued an “outperform” rating and a $17.00 target price for the company. Evercore ISI increased their price target on Blue Owl Capital from $18.00 to $22.00 and gave the stock an “outperform” rating in a report on Thursday, April 4th. The Goldman Sachs Group boosted their price objective on Blue Owl Capital from $17.75 to $20.25 and gave the company a “buy” rating in a report on Monday, February 12th. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $19.00 target price on shares of Blue Owl Capital in a report on Thursday, April 4th. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $19.48.

Blue Owl Capital Profile

Blue Owl Capital Inc operates as an asset manager in the United States. The company offers permanent capital base solutions that enables it to offer holistic framework of capital solutions to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. It also provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; liquid credit; GP strategic capital products, which offers capital solutions, including GP minority stakes, GP debt financing, and professional sports minority stakes; and real estate products that focuses on acquiring triple net lease real estate by investment grade or creditworthy tenants.